Nor Mohamed Yakcop | |
---|---|
نور محمد يعقوب | |
Minister in the Prime Minister's Department Economic Planning Unit | |
In office 10 April 2009 – 5 May 2013 | |
Monarchs | Mizan Zainal Abidin Abdul Halim |
Prime Minister | Najib Razak |
Deputy | Ahmad Maslan |
Preceded by | Amirsham Abdul Aziz |
Succeeded by | Abdul Wahid Omar |
Minister of Finance II | |
In office 27 March 2004 – 9 April 2009 Serving with Abdullah Ahmad Badawi (2004–2008),Najib Razak (2008–2009) | |
Monarchs | Sirajuddin Mizan Zainal Abidin |
Prime Minister | Abdullah Ahmad Badawi |
Deputy | Ng Yen Yen (2004–2008) Tengku Putera Tengku Awang (2004–2006) Awang Adek Hussin (2006–2008) Ahmad Husni Hanadzlah (2008–2009) Kong Cho Ha (2008–2009) |
Preceded by | Jamaluddin Jarjis |
Succeeded by | Ahmad Husni Hanadzlah |
Constituency | Senator Tasek Gelugor |
Member of theMalaysian Parliament forTasek Gelugor | |
In office 8 March 2008 – 5 May 2013 | |
Preceded by | Mohd Shariff Omar (BN–UMNO) |
Succeeded by | Shabudin Yahaya (BN–UMNO) |
Majority | 4,547 (2008) |
Personal details | |
Born | Nor Mohamed bin Yakcop (1947-08-24)24 August 1947 (age 77) Penang,Malayan Union(now Malaysia) |
Political party | United Malays National Organisation (UMNO) |
Other political affiliations | Barisan Nasional (BN) Perikatan Nasional (PN) Muafakat Nasional (MN) |
Spouse | Fawziah Begum Abu Bakar |
Children | 3 |
Alma mater | University of Malaya Catholic University of Leuven |
Occupation | Economist |
Nor Mohamed bin Yakcop (Jawi: نور محمد بن يعقوب; born 24 August 1947) is aMalaysian politician who served asMinister in the Prime Minister's Department, in charge of Economic Planning Unit from 2009 to 2013. He had previously served asMinister of Finance II from 2004 to 2009.[1] He is a member of the Executive Committee of the National Economic Advisory Council.
He served withBank Negara, the Malaysiancentral bank from 1968 to 2000. During his time inBank Negara he was responsible for the implementation of a number of major projects, including
He was also involved in a currency speculation scandal in the early 1990s, where Bank Negara lost up toRM30billion. No action was taken as he moved on to hold important government positions.[2]
Yakcop was the Special Economic Adviser to formerPrime Minister of Malaysia, Tun Dr.Mahathir Mohamad.
In 2002, he was appointed the director ofKhazanah Nasional. He played a major role in government-linked companies (GLCs) like United Engineers Malaysia Berhad andMalaysia Airlines. The transformation of the GLCs was something he led on. Following the Asian financial crisis many of the GLCs were mired in debt and rudderless.
Yakcop restored their balance sheets using the Government's sovereign guarantee when necessary to cut down their borrowing costs. He installed new managers in the GLCs, giving them wide latitude to run the corporations honestly. To ensure that they delivered, he introduced key performance indicators and service contracts.
He was a member of theDewan Negara, the upper house of theParliament of Malaysia, for two terms before stepping down to run for theTasek Gelugor parliamentary constituency inPenang in the Malaysian elections on 8 March 2008.
He was a student ofSt. Xavier's Institution in Penang and served as a prefect during his student days.
He is married to Puan Sri Fawziah Begum Abu Bakar, a former welfare officer. The couple have three children.
Year | Constituency | Candidate | Votes | Pct | Opponent(s) | Votes | Pct | Ballots cast | Majority | Turnout | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|
2008 | P042Tasek Gelugor | Nor Mohamed Yakcop (UMNO) | 20,448 | 56.25% | Ismail Salleh (PAS) | 15,901 | 43.75% | 37,308 | 4,547 | 83.90% |